S&P 500 No Trade — 2024-02-25
The objective is not to grade the P&L. It is to grade the decision.
Charts
Trade Review
2/25/24 #SPX #MES1! BR : BUY : Break above the PWH, target every10 points until 5150
SELL: Break below SSL($), target 1H+OB, 15m+FVG (5055.83-5051.47), 15m+FVG (5039.71-5031.64)
SMC BUY: Wait for the sell down to the either of 15m+FVGs (15m+FVG (5055.83-5051.47), 15m+FVG (5039.71-5031.64)) and at worse case the 4H+FVG, targets will be based on which +POI we reject from then use any short term high as target with the main target being the PWH.
SELL Look for price to price to push into the SSL($) 5080.26 and the sell through creates a -FVG. Once create use this as your entry for the setup, target the 1H+OB, and both of the 15m+FVG (15m+FVG (5055.83-5051.47), 15m+FVG (5039.71-5031.64))
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Cory publishes the working thesis before the session, not after — this Playbook and Trade Review are part of that same documented process. No signals, no highlight reel.
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